India sets lithium mining royalty at 3% of LME prices
The government also set the royalty for niobium at 3% of the average sale price, and for rare earth elements at 1% of the average sale price of rare earth oxide.
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Piedmont Lithium to invest in Newfoundland lithium project
Piedmont will acquire a 19.9% interest in Vinland Lithium, which owns Killick Lithium.
“New” mineral discovered in abandoned gold mine dumps
A newly discovered mineral, named kanatzidisite, was recently unearthed in mining dumps of the abandoned Nagybörzsöny gold deposit in Hungary.
Cariboo gold project in British Columbia gets green lighted
The BC government notes that Cariboo was the first project to be approved under the new Environmental Assessment Act, which was updated in 2018.
Panama cabinet approves modified contract with First Quantum
The approval comes after extended negotiations over regulations concerning the Cobre Panama copper mine, which accounts for about 4% of Panama's GDP.
Copper prices pressured by weak demand, sentiment, rising inventories — report
Fitch Solutions is revising down its 2023 average annual copper price forecast as US dollar strength and market fears of another US Fed rate hike places a cap on price growth.
Torngat Metals hopes to revive Strange Lake rare earths project in Quebec
Privately owned Torngat says it has funding to complete a prefeasibility study for the project next year.
Denison announces $55 million bought deal to fund Phoenix ISR operation
Part of the funds will be used for long lead items identified during the ongoing front-end engineering design process.
Caterpillar validates Rajant wireless solution with Cat MineStar Command for hauling
After extensive testing, Caterpillar Inc. has completed the in house validation of Rajant BreadCrumbs, LX5 CA radios, which will enable field trials […]